[Solution] Supply and Demand Given the supply function (QS = 1 + 1.6 P) and demand function (QD = 10 - 1.2 P), solve for market equilibrium mathematically
Question: Supply and Demand
Given the supply function (QS = 1 + 1.6 P) and demand function (QD = 10 - 1.2 P), solve for market equilibrium mathematically and show effects on equilibrium of shifts in supply and demand.
Deliverable: Word Document 
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